Around the Net
Under Armour Cuts Outlook, Jobs
- Chain Store Age, Thursday, August 3, 2017 8 AM
Under Armour reported its second consecutive quarterly loss and announced a restructuring program that includes a 2% reduction in its global workforce (approximately 280 jobs), an increased go-to-market speed for its products, and expanded digital capabilities. The company will focus on five areas moving forward: men's training, women's, running, basketball and lifestyle.
